Alford, IN
Population 227 · Indiana
About Alford, IN
Alford is a small community located in Indiana with a population of 227 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,147 per year, which is 53% below the national median of $75,149. The median age of 58.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Alford features a median home value of $115,600, which is 53% below the national median of $244,900. This makes Alford one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 110 total housing units, 89% are owner-occupied (98 units) and 11% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Alford shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 54.6%, above the national average of 12.4%. Workers in Alford have an average one-way commute time of 36 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
0.0% of Alford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Alford, IN
Compared to national averages, Alford has a median household income of $35,147 (53% below the national median of $75,149). Home values average $115,600, which is 53% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Alford's income is 49% below the state average of $69,330, and home values are 29% below the state median of $163,409.
Why Live in Alford, IN?
Alford offers affordable housing with a median home value of $115,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($35,147) that falls below the national average. However, Alford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Alford has a population of 227 with a median age of 58.2 years. Compare Alford with other cities to see how it stacks up, or explore all cities in Indiana.
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Cities in Indiana with a similar population size.
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Economy & Education
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Alford
What is the population of Alford, IN?
The population of Alford, IN is 227 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Alford?
The median household income in Alford, IN is $35,147 per year, which is 53% below the national median of $75,149.
What is the median home value in Alford?
The median home value in Alford, IN is $115,600, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alford?
The median monthly rent in Alford, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Alford?
The unemployment rate in Alford, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Alford, IN a good place to live?
Alford offers a moderate cost of living, affordable housing, and a strong job market. With a population of 227 and a median age of 58.2, the city appeals to established professionals and retirees.
How educated is Alford, IN?
0.0% of residents in Alford aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Alford?
Key cost-of-living indicators for Alford, IN: median home value is $115,600 (53% below national), median rent is $0/month, and median household income is $35,147. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Alford?
The poverty rate in Alford, IN is 54.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Alford, IN?
Alford's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.